Hi bungalowbill
How do you mean takeover? If you are referring Ni West this will not occur under BHP ownership as bhp have said many times they have 4 core assets coal, iron ore, petroleum and copper, they have been trying to sell Ni West for yrs, at one stage just considering closing it totally.
When they put it on the market again it will go, I own S32 shares and some people over there are salvitating at the prospect of picking up Ni West.
BHP CEO stated in annual meeting that they are happy just to be in copper for EV revolution.
You are correct in that MCR don't talk BS just firm facts and don't overhype. They will go into gold production this year and they will firm up Ni reserves to meet the upcoming demand and that is what I personally am happy with.
As a takeover target the obvious potential buyer would be NW but won't happen under BHP.
MCR Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
